741 Cedar Avenue
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 3, 2023 | Sold | ||
| Sold | |||
| Sep 24, 2023 | Listed by asquared Realty LLC | $274,900 | |
| Listed by asquared Realty LLC | |||
| | |||
|
GREAT HOME IN EXCELLENT CONDITION. SELLERS HATE TO SELL BUT ARE BEING RELOCATED BY THEIR EMPLOYER. 3 BEDROOMS, 2 BATHS, LARGE FENCED YARD WITH PATIO, DECK, FINISHED BASEMENT WITH 2ND BATH. NEWER ROOF, WINDOWS, A/C, FURNACE, STAINLESS STEEL APPLIANCES, GRANITE COUNTERS, HUGE FAMILY ROOM / DINING ROOM. BASEMENT IS FINISHED WITH ANOTHER FAMILY ROOM, BATH, DRY BAR, STORAGE AND LAUNDRY ROOM. HARDWOOD FLOORS IN LIVING ROOM AND BEDROOMS. NOTHING TO DO BUT MOVE IN. CLOSE TO SCHOOLS, SHOPPING AND ENTERTAINMENT. PREVIOUS BUYER GOT COLD FEET. THEIR LOSS, YOUR GAIN.
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| May 9, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | Listed by RE/MAX Horizon | $235,000 | |
| Listed by RE/MAX Horizon | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017